Author: Doug Bend
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Essential Legal Tips for Small Business Owners During COVID-19
Many business owners are struggling to keep their businesses afloat and are currently making tough decisions about layoffs. My law firm has been advising dozens of small business owners and startups on how to navigate the ongoing fallout from COVID-19. Here are six tips that have helped some of our clients weather the storm and…
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Business Succession Planning In The Internet Age
This article first appeared on Forbes. Many business owners build their businesses hoping that they will continue to generate income for their heirs after they pass away. However, businesses often die or lose significant value when the owner dies. When strategizing how to make sure your business continues to thrive, it is important to know…
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The Top Four Decision-Making Frameworks For An Equally Owned Company
This article first appeared on Forbes. My law firm helps launch more than fifty legal entities a year. A question I often hear from clients is how a company should make decisions when it is equally owned by the founders. Here are the four most common approaches founders can take: 1. Require unanimous consent. The…
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The Top 7 Ways The New Tax Law Could Affect Your Startup
This article first appeared on Forbes. On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act of 2017 into law. The Act was the biggest change in tax laws in more than 30 years and brought about many changes for individuals and companies. Overall, we believe that the changes will benefit new…